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In order to become a Nevada real estate agent, you'll need to pass the real estate exam! Below are free Nevada real estate practice exam questions that will closely resemble your Nevada licensing exam. Review these questions and see what you know! The answers are provided beneath the question set.
1. Cali is an unlicensed personal assistant in Nevada. Which of the following acts can she complete?
- Accept a partial commission
- Draft and assemble transaction documents
- Negotiate a commission
- Show property or provide listing information
2. Before Nevada licensee Erica enters into a brokerage agreement, she’ll need to make certain disclosures. Which action must she take?
- Disclose her broker’s policy regarding dual agency
- Provide the consumer with a Consent to Act form
- Provide the consumer with a Duties Owed by a Nevada Real Estate Licensee form
- Provide the consumer with a list of current clients with whom she has a relationship
3. Marta is a developer who wants to build a subdivision in Reno. What does she need to submit to NRED?
- A list of the sales agents approved to sell for the subdivision in the brokers of record application.
- Blueprints of the floor plans available to buyers in the subdivision approval application.
- Details of project ownership and property information in the statement of record application.
- Proposed community amenities and public services in the common interest community application.
4. Tom is a Nevada salesperson representing Stacey in the sale of her condo. At the open house, he meets Barb, a colleague from another real estate firm, and James, Barb’s buyer client, who is interested in the condo. Which of the following is a true statement?
- Barb must provide the Common-Interest Communities Disclosure to James, since he is her client.
- Stacey must provide the Common-Interest Communities Disclosure to James if he purchases the condo.
- Stacey must provide the Common-Interest Communities Disclosure to James, since he is touring the property.
- Tom must provide the Common-Interest Communities Disclosure to James, since he is touring the property.
5. Clarabelle is entering into an agreement with a new client, Jake, to help him look for a property to call his own. What type of contract will Clarabelle use to identify the terms of her agency relationship with Jake?
- Buyer’s representation agreement
- Listing contract
- Option agreement
- Sales contract
6. When Nevada licensee Ruth is paid to perform a BPO on a property that her buyer client is interested in, which of these items is she NOT legally required to include?
- A disclosure that Ruth is representing a prospective buyer for the property
- Ruth’s reasoning and market data used to arrive at her opinion of value
- The BPO’s intended purpose
- The date and opinion of value issued for the most recent appraisal performed on the property
7. Jane is selling her Nevada property. She has hired Lionel as her agent. After the property is listed, Lionel brings his buyer client, Kirk, to see the property. Kirk makes an offer. Who is Lionel in this scenario?
- A broker
- A dual agent
- An assigned agent
- A sub-agent
8. A licensee's personal interest in a transaction represents a potential conflict of interest, and Nevada law requires that it be disclosed in writing to all parties. When must it be disclosed?
- As soon as possible, but no later than when providing the Nevada Residential Disclosure Guide
- As soon as possible, but no later than when written documents are signed by the parties
- At initial contact
- Within three calendar days of initial contact
For a more comprehensive view into the types of questions you can expect on the exam, sign up for our free assessment. You’ll have the chance to review a 99-question real estate practice exam at no cost to you. Note that answers are only provided upon purchasing Exam Prep.
If you’re ready to feel confident about your upcoming licensing exam, you can purchase our Nevada real estate Exam Prep package. By purchasing one of our packages, you not only get to see the results from your free assessment, but you’ll also have access to an innovative Exam Prep Edge program that will put you in the best position to pass your test the first time around.
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